54, Oakham Drive
54, Oakham Drive
Description & Estimates
54, Oakham Drive, Nottingham is recorded publicly as a modern freehold house across 645 ft2 of internal area, sitting on a 249 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 54, Oakham Drive, Nottingham is £183,041 and its rental estimate is £858 per month, given the available information and assuming reasonable condition.
Oakham Drive, Selston, Nottingham, NG16 falls within the NG16 postal district, in the borough of Ashfield.
Our Data Sources
54, Oakham Drive, Nottingham has 41 entries in the Land Registry , most recently in December 2019 and a single entry in the EPC database dated April 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 54, Oakham Drive, Nottingham, we estimate a market value of £192,194 and a rental value of £901 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £170,229 and £798 per month respectively.
Recent Market Change
Over the last year, 54, Oakham Drive, Nottingham has seen its estimated sale value fall by £5,320 (2.9%) and its estimated rental value move up by £16 per month (1.8%). This results in an estimated gross rental yield of 5.6%.
Plot Size
HM Land Registry records the plot of land for 54, Oakham Drive, Nottingham as measuring 249 m2.
That makes it the 28th largest plot in the postcode, where 54 of the 57 other houses have recorded plot data.
Energy Efficiency
54, Oakham Drive, Nottingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Apr 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 54, Oakham Drive, Nottingham completed on 17th December 2019 at £123,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 31.4% over the period since December 2019.
- Sold Dec 2019£123,000
- Sold Dec 2006£105,000
- Sold Dec 2003£81,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 54, Oakham Drive, Nottingham have sold within a radius of 1.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th February 2024, was 33, Oakham Drive, Nottingham, NG16 6RR, a freehold house which sold for £240,000.
Read more about house prices in NG16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 57 addresses on Oakham Drive, Selston, Nottingham, NG16, 54, Oakham Drive, Nottingham comes out as the 55th largest and the 55th most expensive in our analysis of the public data.
It is also £34k less expensive than the average property across the NG16 district.
More reading links
Schools Nearby
- 300mHolly Hill Primary and Nursery School
- 1.2kmSelston Church of England Infant and Nursery School
- 1.8kmBagthorpe Primary School
- 1.1kmSelston High School
- 3.8kmFrederick Gent School
- 3.9kmOutwood Academy Kirkby
More reading links
Public Transport Nearby
From 54, Oakham Drive, Nottingham, the nearest station is Kirkby-in-Ashfield, 3.8 kilometres away.
- 3.8kmKirkby-in-Ashfield
- 4.7kmNewstead
- 5.3kmSutton Parkway
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
